First Financial Holding Co., Ltd., commonly referred to as First Financial, is a prominent financial services provider headquartered in Taipei, Taiwan (TW). Established in 2002, the company has rapidly evolved to become a key player in the financial industry, offering a diverse range of services across banking, insurance, and investment sectors. With a strong presence in Taiwan and significant operations in Asia, First Financial is renowned for its innovative financial solutions tailored to meet the needs of both individual and corporate clients. The company’s core offerings include retail banking, wealth management, and insurance products, distinguished by their customer-centric approach and advanced technology integration. First Financial has achieved notable milestones, including recognition for its robust financial performance and commitment to sustainable practices, solidifying its position as a trusted leader in the financial market.
How does First Financial Holding Co's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Mean score of companies in the Financial Intermediation industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
First Financial Holding Co's score of 56 is higher than 98% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, First Financial Holding Co, headquartered in Taiwan (TW), reported total carbon emissions of approximately 12,925,535,000 kg CO2e, with significant contributions from Scope 3 emissions, which accounted for about 99% of the total. Specifically, Scope 1 emissions were about 2,809,000 kg CO2e, and Scope 2 emissions were approximately 16,431,000 kg CO2e. The combined Scope 1 and 2 emissions totalled around 19,240,000 kg CO2e. First Financial Holding Co has set ambitious carbon reduction targets, aiming for a 20% reduction in carbon emissions by 2030 from a 2005 baseline, and a long-term goal of achieving a 50% reduction by 2050 for both Scope 1 and Scope 2 emissions. Additionally, the company is committed to net-zero emissions across all scopes by 2050, aligning with the Science Based Targets initiative (SBTi) standards. The company’s climate strategy includes a focus on its investment and lending portfolio, which as of 2022, covered 17% of total assets. This includes required activities making up 18% and optional activities comprising 49% of its total investment and lending by assets. Overall, First Financial Holding Co is actively working towards significant emissions reductions while committing to sustainable practices in the financial sector.
Access structured emissions data, company-specific emission factors, and source documents
2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|---|---|---|---|
Scope 1 | 1,464,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
Scope 2 | 17,687,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
Scope 3 | - | - | 000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 00,000,000,000 | 00,000,000,000 |
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
First Financial Holding Co is participating in some of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.